Irish debt crisis to dominate EU ministers meeting

Ireland's debt crisis and the question of if and how it would receive a bailout will be the main issue finance ministers will tackle at a meeting Tuesday.

The 16-country eurozone has been shaken by concerns that Ireland and other countries like Portugal will not be able to endure their debt levels — or that they might find a bailout to be cheaper.

The eurozone finance ministers will gather for their monthly get-together in the afternoon, following a weeklong sell-off of Irish and Portuguese government debt.

Both Dublin and Lisbon have said repeatedly that they don't need to tap the eurozone's euro750 billion financial backstop.